S.Korea chip giant SK hynix seeks $29 bn in Nasdaq listing: regulatory filing - France 24

SK hynix, South Korea's leading memory chipmaker, plans to raise $29 billion through a Nasdaq listing, marking a significant move to access U.S. capital markets. The company, a key supplier to NVIDIA,... Read original →

SK hynix’s $29 billion Nasdaq ADR listing is a strategic power play, not just a capital raise. Technically, its HBM expansion will intensify demand for EUV and 3nm-class advanced packaging, pressuring TSMC and Samsung to accelerate CoWoS and I-Cube integration. On compliance, while U.S. approval appears granted now, future expansions in China could trigger CFIUS scrutiny under the CHIPS Act, raising supply chain reconfiguration costs. Samsung Electronics may respond by fast-tracking HBM4 development and courting Middle Eastern sovereign wealth funds to close the market cap gap. Over the next 18 months, this move will deepen U.S. capital entanglement with Korean semiconductor capacity, narrowing the strategic window for Taiwan, China and mainland China players in high-end memory, with silicon wafer shortages likely persisting into 2027.